Franklin

Reform of the Policy on Public Debt Limits in IMF-Supported Programs

Author/Creator:
International Monetary Fund. Strategy, Policy, and Review Department.
Publication:
Washington, D.C. : International Monetary Fund, 2020.
Format/Description:
Government document
Book
1 online resource (66 pages)
Series:
IMF eLibrary
Status/Location:
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Summary:
This paper evaluates the IMF's policy on the use of quantitative limits on public debt in IMF-supported programs (the "debt limits policy") and proposes a number of modifications. The review is taking place at a time when many countries are experiencing heightened debt vulnerabilities or actual debt distress, aggravated by the COVID-19 shock, and occurring against the backdrop of a changing credit landscape in which concessional finance is scarcer relative to countries' investment needs.
Notes:
Part of the IMF eLibrary collection.
Description based on print version record.
Other format:
Print Version: Reform of the Policy on Public Debt Limits in IMF-Supported Programs
ISBN:
1513573993
9781513573991
Publisher Number:
10.5089/9781513573991.007 doi
Access Restriction:
Restricted for use by site license.